Former Navy Seal who trained some of ragtag crew tells FT plan was ‘half-cocked’ and ‘inept’

Central banks repeatedly set the stage for the next boom and bust cycle, fuelled by growing debt

Black journalist forced America to confront the evils of lynching

Right-hand man to President Carter from Iran hostage crisis to Salt Two arms treaty 

Master of disguise who plotted the ‘Argo’ escape from Iran

Sportswear maker apologises but warns it cannot bear virus lockdown for long   

Global Witness highlights UK hedge fund’s stake in company accused of environmental violations

Billionaire CQS trader hurt by exposure to default-ridden energy sector

Commission warns pandemic will wipe out growth in all member states and result in an uneven recovery

Online retailer’s partnerships with fashion brands should support growth and lift margins

Discovery in Zenith factory attic helps watchmaker claim the first all-black wristwatch title

Music royalties specialist has done well in a strong market for alt investment trusts

Treasury also licenses Chevron to operate in crisis-hit nation for a further 3 months

In contrast with many global peers, Petrobras has made scant efforts to diversify into green energy

The fintech company aims to disrupt other Latin American markets with its smartphone-based services

Brazilian group alleges tycoon’s family-controlled mining arm fraudulently funnelled $500m into Manhattan real estate

Bond market movements blamed for removal of nearly 175,000 cash prizes from monthly draw

As interest rates fall, more savings banks rely on the lure of cash prizes

Over 400,000 teenagers will be eligible to claim funds from later this year

Thousands attend military parade in Belarus even as virus spreads rapidly in neighbouring Russia, UK airline industry warns of huge blow if travel quarantine is launched and Seoul closes down bars and clubs in wake of new cluster

The Nobel laureate talks to Anjana Ahuja

Zeitgold has raised a Series B round of $29.2 million (€27 million). Overall, the company has raised more than $54 million (€50 million). The company is building a software platform for small companies to automate bookkeeping as much as possible. Vintage Investment Partners is leading today’s round with existing investors Battery Ventures, HV Holtzbrinck Ventures, […]

At the start of the year, it looked like Europe would be in for a “Summer E-Scooters / E-Bike War,” as both regional startups and U.S.-backed unicorns vied for the pockets of city commuters. Consolidation came when German startup Circ was taken over by U.S. competitor Bird at the start of the year. Still on […]

Your guide to the investment and business revolution you can’t afford to ignore

WhatsApp, which began testing its mobile payments feature in India two years ago, could offer at least one more financial service to people in its biggest market. In a filing with the local regulator in India, the Facebook -owned messaging platform has listed credit as one of the areas it will pursue in the country. […]

This week we continue to look at how the coronavirus outbreak is impacting the world of apps, plus the use of live-streaming apps as fundraising tools and more.

The German finance minister’s proposition on EU deposit insurance are not quite what they seem

If the populists gain power in France and Italy, the future of the euro will be in their hands

Ideally governments would co-ordinate fiscal policy but there is no sense of urgency

Without a co-ordinated response, national stimulus policies will end up increasing imbalances

It is hard to overstate the turn to Euroscepticism. It will not go away when lockdown ends

Doxzoo proudly says on its website that your “documents are in safe hands.” But for some time, that wasn’t true. The U.K. printing company left its customer files on a cloud storage bucket, hosted on Amazon Web Services, without a password. Anyone who knew the easy-to-guess bucket name could access the massive trove of customer […]

Another week in quarantine. As the world adjusts to working from home under mandatory stay-at-home orders, hackers are keeping busy. Microsoft said this week that coronavirus-related attacks are on the rise but still make up just a fraction of the overall malicious activity. Cybersecurity companies seem to be faring mostly well — in part thanks […]

Here’s a nice thing. It’s not revolutionary or life-changing, but it’s nice. And right now we can all use a little bit of nice. Earlier this month, Samsung announced an addition to its line of “eco-packing” that will turn TV boxes in a wide variety of different “furniture.” I use furniture in quotes here because […]

At a time when more transactions than ever are happening online, payments behemoth Stripe is announcing three new features to continue expanding its reach. The company today announced that it will now offer card issuing services directly to businesses to let them in turn make credit cards for customers tailored to specific purposes. Alongside that, it’s going […]

Amazon has been one of the biggest names synonymous with how the consumer masses are experiencing life under lockdown: its site lets you buy anything from soup to nuts, from books to baking pans for all your sourdough; and via its streaming services, it gives you many ways to stay entertained. But it can also […]

It was only the other week that Andreesen Horowitz announced their second blockchain-focused fund of $515 million. In the announcement, they said: “We are still early in this Web 3 build-out. High-performance programmable blockchains will make decentralized network development much more accessible. After years of R&D, we are excited that a number of next-gen programmable […]

In spite of being in the midst of a pandemic sowing economic uncertainty, one area that continues to thrive is cloud computing. Perhaps that explains why Microsoft, which saw Azure grow 59% in its most recent earnings report, announced plans to open a new data center in New Zealand once it receives approval from the […]

This week we continue to look at how the coronavirus outbreak is impacting the world of apps, plus the use of live-streaming apps as fundraising tools and more.

Free streaming service Pluto TV is expanding. The company has today gained access to streaming sports network CBS Sports HQ as a result of the ViacomCBS merger. It has also forged new distribution deals with Verizon and TiVo, both of which were detailed this week. The free streamer had been acquired by Viacom for $340 […]

This week we continue to look at how the coronavirus outbreak is impacting the world of apps, plus the use of live-streaming apps as fundraising tools and more.

A lot of startups have answered the call for more personal protective equipment (PPE) and other essentials to support healthcare workers in their efforts to curb the spread and impact of COVID-19. One of those is direct-to-consumer 3D-printed eyewear brand Fitz, which is employing its custom-fit glasses technology to build protective, prescription specs for front-line […]

India said today Zoom is ‘not a safe platform’ and advised government employees to not use it for official work as the video conference service surges in popularity in many nations including the world’s second largest internet market as billions of people remain stuck at home due to the coronavirus crisis. “Zoom is a not a […]

The route to success these days is not chasing profits but hoarding market share

Cuts are painful for investors, but don’t write off investment trusts just yet 

Favourable trends in employment relative to population are not going to be repeated

It has near-unlimited firepower and is the only EU institution willing and able to act

The tech industry is mobilizing its considerable resources to attempt to support efforts against the growing global coronavirus pandemic. Over the weekend, the CEOs of Amazon, Apple and Microsoft all shared updates regarding some aspects of their company’s ongoing contributions, which range from donations of medical supplies and personal protective equipment (PPE) for frontline healthcare […]

The U.S. Food and Drug Administration (FDA) has authorized the manufacture of the Coventor ventilator, a new hardware design first developed by the University of Minnesota. The project sought to create a ventilator that could provide the same level of life-saving care as existing ventilator models, but with a much lower cost to help ramp […]